This kind of thing is par for the course from private equity. I'm surprised they only suggested firing 3/4 of the staff and they didn't suggest outsourcing ever

This kind of thing is par for the course from private equity. I'm surprised they only suggested firing 3/4 of the staff and they didn't suggest outsourcing everything to the lowest cost body shop in Bangalore. PE is all about giving a temporary boost to stock price and cashing in quickly before the long term damage becomes apparent, mixed in with a healthy disdain for the people who do all the actual work.